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Tether Names Simon McWilliams as CFO Amid Push for Full Audit

CoinDesk LogoCoinDesk18h ago

Tether Names Simon McWilliams as CFO Amid Push for Full Audit - CoinDesk

Quick Summary:

Treasury bills, making it one of the largest holders of U.S.government debt, and reported a $13 billion profit for 2024.

The company said these holdings contribute to global liquidity and support access to the U.S.dollar, particularly in emerging markets.“Tether is once in a century company.

Three and a half years ago, the firm’s General Counsel Stuart Hoegner said in an interview that an audit was just “months, not years” away.

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Article Details

Author / Journalist: Francisco Rodrigues

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-03 @ 13:44:32 (18 hours ago)

News Timezone: GMT -5:00

News Source URL: coindesk.com

Language: English

Article Length: 327 words

Reading Time: 2 minutes read

Sentences: 28 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinDesk

News ID: 26625493

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About CoinDesk

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Main Topics: Crypto

Official Website: coindesk.com

Update Frequency: 28 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #8

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  • URL: https://beamstart.com/news/tether-names-simon-mcwilliams-as-17410102745939

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